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Ares Capital Stock Forecast, Price & News

+0.43 (+3.24 %)
(As of 09/28/2020 07:33 AM ET)
Today's Range
Now: $13.70
50-Day Range
MA: $14.35
52-Week Range
Now: $13.70
Volume1.59 million shs
Average Volume3.28 million shs
Market Capitalization$5.79 billion
P/E Ratio114.17
Dividend Yield11.68%
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.16 out of 5 stars

Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
Current SymbolNASDAQ:ARCC



Sales & Book Value

Annual Sales$1.53 billion
Cash Flow$1.96 per share
Book Value$17.48 per share


Net Income$793 million


Market Cap$5.79 billion
Next Earnings Date11/4/2020 (Estimated)
+0.43 (+3.24 %)
(As of 09/28/2020 07:33 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ares Capital (NASDAQ:ARCC) Frequently Asked Questions

How has Ares Capital's stock price been impacted by COVID-19?

Ares Capital's stock was trading at $15.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ARCC stock has decreased by 13.8% and is now trading at $13.70.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Ares Capital?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Capital in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Ares Capital

When is Ares Capital's next earnings date?

Ares Capital is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Ares Capital

How were Ares Capital's earnings last quarter?

Ares Capital Co. (NASDAQ:ARCC) announced its quarterly earnings results on Tuesday, August, 4th. The investment management company reported $0.39 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.38 by $0.01. The investment management company earned $350 million during the quarter, compared to analysts' expectations of $353.26 million. Ares Capital had a net margin of 2.95% and a return on equity of 10.45%. The firm's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.47 EPS.
View Ares Capital's earnings history

How often does Ares Capital pay dividends? What is the dividend yield for Ares Capital?

Ares Capital declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.40 per share on Wednesday, September 30th. This represents a $1.60 annualized dividend and a dividend yield of 11.68%. The ex-dividend date is Monday, September 14th.
View Ares Capital's dividend history

What price target have analysts set for ARCC?

9 analysts have issued twelve-month price targets for Ares Capital's stock. Their forecasts range from $15.00 to $20.00. On average, they expect Ares Capital's stock price to reach $16.38 in the next year. This suggests a possible upside of 19.5% from the stock's current price.
View analysts' price targets for Ares Capital

Are investors shorting Ares Capital?

Ares Capital saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,090,000 shares, an increase of 9.6% from the August 15th total of 7,380,000 shares. Based on an average daily volume of 2,280,000 shares, the short-interest ratio is presently 3.5 days. Approximately 1.9% of the company's stock are short sold.
View Ares Capital's Short Interest

Who are some of Ares Capital's key competitors?

What other stocks do shareholders of Ares Capital own?

Who are Ares Capital's key executives?

Ares Capital's management team includes the following people:
  • Mr. Michael J. Arougheti, Exec. VP & Co-Chairman (Age 47)
  • Mr. Bennett Rosenthal, Co-Founder and Co-Chairman (Age 56)
  • Mr. Robert Kipp DeVeer III, CEO & Director (Age 46)
  • Mr. Mitchell S. Goldstein CPA, CPA, Co-Pres (Age 52)
  • Mr. Michael Lewis Smith, Co-Pres (Age 48)

What is Ares Capital's stock symbol?

Ares Capital trades on the NASDAQ under the ticker symbol "ARCC."

Who are Ares Capital's major shareholders?

Ares Capital's stock is owned by a number of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (1.07%), UBS Group AG (0.59%), Sumitomo Mitsui Trust Holdings Inc. (0.50%), LGT Capital Partners LTD. (0.43%), LSV Asset Management (0.41%) and Stephens Inc. AR (0.39%). Company insiders that own Ares Capital stock include Bates Ann Torre, Daniel G Kelly, Jr, Michael K Parks, Michael Lewis Smith, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Steve Bartlett and Steven B Mckeever.
View institutional ownership trends for Ares Capital

Which institutional investors are selling Ares Capital stock?

ARCC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, EWG Elevate Inc., State of Tennessee Treasury Department, Sound Income Strategies LLC, Sumitomo Mitsui Trust Holdings Inc., Baltimore Washington Financial Advisors Inc., Skandinaviska Enskilda Banken AB publ, and Virtus ETF Advisers LLC.
View insider buying and selling activity for Ares Capital

Which institutional investors are buying Ares Capital stock?

ARCC stock was purchased by a variety of institutional investors in the last quarter, including Stephens Inc. AR, Capital Advisors Inc. OK, UBS Group AG, Nicola Wealth Management LTD., Cliffwater LLC, Frontier Investment Mgmt Co., Centric Wealth Management, and LGT Capital Partners LTD.. Company insiders that have bought Ares Capital stock in the last two years include Bates Ann Torre, Daniel G Kelly, Jr, Michael K Parks, Michael Lewis Smith, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Steve Bartlett, and Steven B Mckeever.
View insider buying and selling activity for Ares Capital

How do I buy shares of Ares Capital?

Shares of ARCC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Ares Capital's stock price today?

One share of ARCC stock can currently be purchased for approximately $13.70.

How big of a company is Ares Capital?

Ares Capital has a market capitalization of $5.79 billion and generates $1.53 billion in revenue each year. The investment management company earns $793 million in net income (profit) each year or $1.89 on an earnings per share basis.

What is Ares Capital's official website?

The official website for Ares Capital is www.arescapitalcorp.com.

How can I contact Ares Capital?

Ares Capital's mailing address is 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167. The investment management company can be reached via phone at 212-750-7300 or via email at [email protected]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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